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Other Fields Homework Help Economics Topic started by: bluerose501 on Nov 14, 2022



Title: Yesterday, a banker paid $0.61 for a bond that pays out $5,000 in one year (with no risk). Today, ...
Post by: bluerose501 on Nov 14, 2022
Yesterday, a banker paid $0.61 for a bond that pays out $5,000 in one year (with no risk). Today, the price of the bond increased to $3,850. Since yesterday, the interest rate ________ (increased/decreased) from ________ to ________.
Please round your final answer to two decimal places.

▸ increased, 23.00%, 39.00%

▸ decreased, 63.93%, 29.87%

▸ increased, 29.87%, 63.93%

▸ decreased, 39.00%, 23.00%


Title: Yesterday, a banker paid $0.61 for a bond that pays out $5,000 in one year (with no risk). Today, ...
Post by: kidace on Nov 14, 2022
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